Meme Coin Floki Inu to Be Promoted on Burj Khalifa Tomorrow

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Published: Dec 1, 2021, 10:33 UTC

Floki Inu is one of the few meme coins that is gaining traction, and its promotion tomorrow could increase its popularity in the market.

Meme coins are becoming a key part of the cryptocurrency space as investors seem to adore them. As a result, developers are rolling out meme token projects, and they have been gaining adoption.

Floki Inu to Display on the World’s Tallest Building

Floki Inu, a meme coin project, has announced that tomorrow, the token will be promoted on Burj Khalifa, the world’s tallest building. The team announced this latest development via a tweet yesterday, and it is expected to be a huge point of attraction for the project.

#FLOKI LOCKS DOWN THE BURJ KHALIFA

In what will be a landmark campaign symbolic of our strategic intent to dominate the Middle East, $FLOKI will have a massive display on the Burj Khalifa on the 3rd of December, 2021 – at 8:40PM Dubai time/4:40PM UTC. pic.twitter.com/y9090nbt7s

— Floki Inu (@RealFlokiInu) November 30, 2021

Floki Inu is currently working on three utility projects. The team is working on an NFT gaming metaverse known as Valhalla, its NFT marketplace called FlokiPlaces and Floki Inuversity, its content education platform.

So far, the project has gained endorsement from popular figures such as world boxing champion Tyson Fury. Floki Inu has already partnered with some football clubs, including Kerala Blasters, SSC Napoli, Cádiz CF and FC Goa.

The project also somehow got a mention from Elon Musk, one of the most influential people in the cryptocurrency space at the moment. In September, Musk shared an image of his pet, Shiba Inu, on Twitter and added the caption ‘Floki has arrived.’

FLOKI Surges by More Than 14%

FLOKI has been rallying since the team announced its display on the Burj Khalifa yesterday. Over the past 24 hours, FLOKI’s value has been up by more than 14%, surpassing the broader cryptocurrency market.

FLOKI’s RSI is now out of the oversold region

The cryptocurrency’s MACD line is currently in the neutral zone after dropping into bearish territory over the past few weeks. Its RSI of 47 shows that FLOKI is moving away from the oversold region, indicating a positive trend in its performance. FLOKI is trading just slightly above its 50-day moving average at $0.0001601.

At press time, FLOKI is trading at $0.0001672 per coin. The coin’s value has increased by hundreds of percentages since it was launched in July 2021.